Examlex
According to the righteous moralist, if a manager of a multinational sees that firms from other nations are not following ethical norms in a host nation, that manager should not either.
Indirect Control
The ability to influence or dictate the actions of another company or entity, not through direct ownership, but through other means such as contractual agreements or through a third party.
Income Tax Expense
The cost incurred by businesses or individuals due to income taxes, reflecting the portion of earnings allocated to meet tax obligations.
Separate Return Method
An approach used in the taxation of a group of related entities, where each entity files its own tax return instead of filing a single consolidated return.
Initial Value Method
An accounting method in which investments are recorded at their cost at the time of acquisition, without subsequent adjustment for market changes.
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